MAGS looks to financial future

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An Auckland secondary school has launched an Advancement Office to help it raise $10 million.

Mt Albert Grammar School wants to achieve the lofty financial goal before its centenary in 2022.

The fundraising is part of a strategy to grow its scholarship programme for both staff and students - enabling the school to be representative in all aspects of society.

Foundation trustees chairman Tim Goulding says the office will create a capital base through the development of an endowment fund and bequest programme, major gift fundraising, and launching an annual giving campaign.

"Mt Albert Grammar School is wealthy in the sense it has a highly professional, dedicated and well resourced teaching staff. It is also wealthy in the sense it has the support of a school community which devotes time, enthusiasm and energy to complement the vitality of life at MAGS," Mr Goulding says.

"Now we must develop within our school community a culture of philanthropy, which will enable us to provide even greater opportunities . . . through scholarships and facilities."

Tim Kay has been appointed as the director of the Advancement Office.

Mr Kay has more than 25 years experience in the not-for-profit sector.

"There is a huge amount of goodwill toward the school among its community, which should not be taken for granted. One of my priorities will be to build on that goodwill," Mr Kay says.

"Realising MAGS's aim to become New Zealand's premier school of choice will require resources beyond its current capabilities; the MAGS Foundation will provide an enduring solution to the school's continuing financial needs."